$XRP is trading at $2.09 right now. The 200-day moving average sits around $1.91, and XRP’s price is above this line, which is a good sign for buyers. This moving average is slightly trending upward, suggesting growing support at these levels.

the recent price movements, XRP formed a rounded bottom after dropping through March and early April. The price bounced back from the $1.91-$1.93 support area, which sits right above the 200-day moving average. When prices pushed higher, they hit resistance at $2.15, and now we’re seeing some sideways movement.

Strong support exists at $1.91-$1.93 near the 200-day average. Another important support level is the $2.00 mark, which is both a psychological level and a short-term horizontal support line. If these don’t hold, the next major support sits at $1.85.